NBA LABOR talks broke down yesterday after 3 days of meetings failed to yield a deal to end a 112-day lockout, raising the likelihood that even more games will be canceled in an already fractured season.
After 30 hours of negotiations in front of a federal mediator, the sides remained divided over two main issues - the division of revenues and the structure of the salary-cap system.
"Ultimately, we were unable to bridge the gap that separates the two parties," NBA deputy commissioner Adam Silver said. "We understand the ramifications of where we are. We're saddened on behalf of the game."